Double top forming on the monthly chart.
We have two possible out comes:
1. Bitcoin falls down to $7,500 and bounces off support straight to $11,000
Or
2. Bitcoin breaks support to $5,500 to create a new support level; bounces there straight to $14,000 after the halving.
Both are possible 11k after the halving seems more reasonable.
Post your thoughts.
We have two possible out comes:
1. Bitcoin falls down to $7,500 and bounces off support straight to $11,000
Or
2. Bitcoin breaks support to $5,500 to create a new support level; bounces there straight to $14,000 after the halving.
Both are possible 11k after the halving seems more reasonable.
Post your thoughts.
Note
I am a jedi. Get this money
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.